$ 649.900

305 Belfield Street, London

  • Bedrooms: 5
  • Bathrooms: 3
  • Type: Duplex
  • Added: 8 days ago
  • Updated: 7 days ago
  • Last Checked: 11 hours ago
Attention Investors! LEGAL Duplex licensed by the city, in North East London close to Schools, Shopping, Public Transit, Walking Trails and more! Both units have seperate hydro meters and their own in-suite laundry. The Main unit occupies the main floor, and basement, featuring a large bright kitchen with patio doors leading to the large deck and fully fenced landscaped backyard, 2 main floor bedrooms, and a 4 piece bathroom. The finished basement, has its own seperate entrance, with a large rec room, the 3rd bedroom/family room, and a 2 piece bathroom! (future tri-plex??) The Second unit is on the second floor, and has been recently renovated. It features a living room, kitchen, 2 bedrooms and a 4 piece bathroom. There is a double wide long driveway with plenty of room to park 6 cars. Recent updates include: A/C in 2022, Furnace in 2021, Roof in 2018, and most windows replaced. Hot water heater is owned. Second floor tenants pay $1800 plus hydro, and they are moving out at the end of November 2024. Main floor long term tenant would like to stay. They currently pay $1,575 plus all gas and water for the entire building plus personal hydro and do all lawn and gardening care. (Equivelent to @ $2100 a month) (id:1945)
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Property DetailsKey information about 305 Belfield Street

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: Duplex
  • Exterior Features: Brick, Vinyl siding
  • Foundation Details: Poured Concrete
  • Type: Duplex
  • License: Legal
  • City: North East London

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Separate entrance, N/A
  • Appliances: Refrigerator, Dishwasher, Dryer, Two stoves, Two Washers, Water Heater
  • Bedrooms Total: 5
  • Bathrooms Partial: 1
  • Main Unit: Floor: Main and Basement, Kitchen: Size: Large, Features: Bright, Patio doors leading to deck, Bedrooms: 2, Bathroom: Type: 4 piece, Basement: Finished: true, Entrance: Separate, Rec Room: Large, 3rd Bedroom/Family Room: true, Bathroom: Type: 2 piece
  • Second Unit: Floor: Second, Renovation Status: Recently renovated, Living Room: true, Kitchen: true, Bedrooms: 2, Bathroom: Type: 4 piece

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 305 Belfield Street

  • Water Source: Municipal water
  • Parking Total: 6
  • Building Features: Separate Electricity Meters
  • Lot Size Dimensions: 60.4 x 100.25 FT
  • Driveway: Type: Double wide, Capacity: Parking for 6 cars
  • Backyard: Type: Fully fenced, Features: Landscaped

Location & CommunityUnderstand the neighborhood and community

  • Directions: Huron and Adelaide
  • Nearby: Schools, Shopping, Public Transit, Walking Trails

Business & Leasing InformationCheck business and leasing options available at 305 Belfield Street

  • Main Floor Equivalent Rent: $2,100 (including gas, water, personal hydro)
  • Potential Future Use: Tri-plex

Property Management & AssociationFind out management and association details

  • Main Floor Tenant: Status: Long term, Wants to Stay: true, Rent: $1,575 plus gas and water
  • Second Floor Tenant: Status: Moving out, Date: End of November 2024, Rent: $1,800 plus hydro

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer
  • Air Conditioning: Year Installed: 2022
  • Furnace: Year Installed: 2021
  • Roof: Year Replaced: 2018
  • Windows: Most replaced
  • Hot Water Heater: Owned

Tax & Legal InformationGet tax and legal details applicable to 305 Belfield Street

  • Tax Annual Amount: 2754.4
  • Zoning Description: R2-2
  • Status: Licensed by the city
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Nearby Listings Stat

Active listings
42
Min Price
$1
Max Price
$1,399,900
Avg Price
$694,529
Days on Market
47 days
Sold listings
15
Min Sold Price
$299,000
Max Sold Price
$999,000
Avg Sold Price
$626,033
Days until Sold
49 days

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Type
Address
Distance
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University
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King's University College (University of Western Ontario)
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The Royal Canadian Regiment Museum
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CFB London
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Dragon Court Restaurant
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St. George's Public School
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A.B. Lucas Secondary School
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Additional Information about 305 Belfield Street

This Duplex at 305 Belfield Street London, ON with MLS Number x10423494 listed by TIM ESTABROOKS - INITIA REAL ESTATE (ONTARIO) LTD on London market 8 days ago at $649,900

We have found 6 Duplex that closely match the specifications of the property located at 305 Belfield Street with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 579,000 and 699,900.

The current price of the property is $649,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $545,916. This would result in a monthly mortgage payment of $3,039 over a 25-year amortization period.

More Details?
TIM ESTABROOKS
  • TIM ESTABROOKS
  • INITIA REAL ESTATE (ONTARIO) LTD
  • 519-777-3801
  • WebSite